Under-charge of sur-tax due to deduction of tax on excess dividends.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Referred: Rule 2(i)(b) of ST Act Statute: Under the Companies (Profits) Sur-tax Act, 1964 while computing the chargeable profits deduction is allowed in respect of the Income-tax payable by the Com .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e brought to the notice of all Income-tax Officers. A review may also be made of all the completed assessments in the light of the above clarification and a report sent so as to reach the Board by 30t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X